Morgan Stanley internal report: MU's gross margin will reach 90% by 2027! With 16 long-term customer agreements in hand, it guarantees a minimum revenue of over $100 billion for the next 5 years, until 2030. Next year's revenue will grow +65% to ~$285.9 billion, with the gross margin rising to 89.5%, ~90%! It also emphasizes that AI memory demand is long-term, not cyclical! Looks like Morgan Stanley is holding quite a bit of Micron stock too